£414,051
This estimated value is based upon the latest sale price for the house of £225,000 on 13 Sep 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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581 London Road, Cheam, Sutton, SM3 9AE
Phone: 02080331593
| Price Paid | Date |
|---|---|
| £225,000 | 13 Sep 2005 |
| £160,000 | 2 Oct 2001 |
| £154,950 | 26 Jan 2001 |
| £73,000 | 25 Jun 1996 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in September 2005 the House Price Index for GREATER LONDON was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £225,000 results in an estimated price of approximately £414,051.
| 13 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 149.7 | 84.023 % | £225,000 | £189,051 | £414,051 |
The Postcode Pricing Model uses changes in average sales price within the SM3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 31.612 % | £71,127 | £296,127 |
| 3 Month Average | 108.665 % | £244,496 | £469,496 |
| 6 Month Average | 94.778 % | £213,250 | £438,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £300,833 | £294,000 | 712A LONDON ROAD |
| 5 Sep 2023 | £501,045 | £490,000 | 23 MARLOW DRIVE |
| 10 Mar 2023 | £650,870 | £640,000 | 724 LONDON ROAD |
| 17 Feb 2023 | £588,934 | £585,000 | 34 MARLOW DRIVE |
| 20 Jan 2023 | £220,589 | £220,000 | 692B LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Petrol Station | |
| Oct 2024 | Anti-social behaviour | On or near Petrol Station | |
| Oct 2024 | Anti-social behaviour | On or near Petrol Station | |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |